04/24/2015

Goldman's Pac Life purchase to boost assets by $US18b

Goldman Sachs Asset Management has announced that it has entered into an agreement with Pacific Life Insurance Company to acquire Pacific Global Advisors (“PGA”) solutions business with total assets under supervision of over $18 billion as of

04/23/2015

HNI segment reports 8.21% rise in MF folios

As per a report by CRISIL research, the high net worth individuals or HNI (individuals investing Rs 5 lakh or more) segment saw a rise of 8.21% or 1.09 lakh folios to 14.31 lakh folios in the quarter ended March 2015

04/23/2015

Everbright and Sinowel Enterprise Group ink deal

Recently, China Everbright Limited and Sinowel Enterprise Group announced the signing of a strategic partnership agreement to start their co-operation towards the secondary market of trust beneficiary rights.

04/20/2015

UBS revamps products, intermediaries divisions

The Swiss bank is integrating its global financial intermediaries unit with its investment products and services division. It has also appointed a new head of investment products and services for Asia Pacific.

04/20/2015

Morningstar backs wealth managers

Morningstar has delivered a glowing assessment of the wealth management industry, with AMP's "dominant, vertically-integrated business model" making it the pick of the bunch.

04/16/2015

StanChart top official in town

Carsten Stoehr, global head for financial markets sales at Standard Chartered Bank, is now visiting Dhaka to meet the bank's important stakeholders and key customers.